Mountains Restoration Trust

“The governing body delegates broad authority to an executive committee.”

“The organization has one class of members. Initially, there shall be one member, treepeople, inc., a california not for profit public benefit corporation. Additional members may be designated by the member, or if additional members have been so designated, elected by a vote of the majority of the existing members or through designation by a majority of the existing members.”

“Members shall have the exclusive voting rights on the amendment of the articles, the amendment of these bylaws, and the designation and election of new members. In addition, members shall have all rights afforded members under the california nonprofit public benefit corporate law.”

“Members shall have the exclusive voting rights on the election of directors.”

“The form 990 is reviewed by the cfo. The return is then approved by the finance committee. The form 990 is made available to all board members prior to filing.”

“The policy is reviewed and either revised or renewed annually. The revision or renewal is in writing. In connection with any actual or possible conflict of interest, a responsible person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the executive directors and responsible parties of the committee who will consider the proposed transaction and arrangement.”

“The executive director purchases the center for nonprofit management's southern california survey for executive directors, or california council of land trust's wage and benefit survey. The tplt board of director treasurer reviews the compensation survey and determines if the compensation for the executive director is comparable to the market. In the process to determine compensation for other officers, the board of directors reviewed comparable data as well as contemporaneous substantiation of the compensation independently, without the participation of interested persons.”

“Governing documents, conflict of interest policy and financial statements are available upon request. Our most recent 990 is made available to the public upon request.”

“Admin services from related organization: program service expenses 118,285. Management and general expenses 0. Fundraising expenses 0. Total expenses 118,285. Outside services: program service expenses 14,935. Management and general expenses 713. Fundraising expenses 0. Total expenses 15,648.”

“Loss on resticted grant repayment -437,814.”